Know nothing about economics but could someone out there [preferably a politician] enlighten me on the following.What has Ireland's National Debt.been each year over the last 10 years.Is it falling,has it remained at the same level, do some parties have plans to increase it after the election? Are there any plans to clear this debt by any political party? If one ran ones personal financies like past goverments surely one would have to make an urgent appointment with consultant E.Hobbs.
I also want enlightment about E.C.B. rates.My understanding is E.C.B.rates will rise again next month.This I am told is influenced by a stronger German economy and a desire to keep German or EU inflation rates down? Why have not the increased E.C.B interest rate increases succeeded in keeping Irish inflation rates down.? Is Ireland insignificant or are German inflation rates more important? During the height of the Celtic Tiger ECB rates were low,Ireland's inflation rates were low.When rates have gone higher our inflation rates seem to have increased.An explanation please.
I also want enlightment about E.C.B. rates.My understanding is E.C.B.rates will rise again next month.This I am told is influenced by a stronger German economy and a desire to keep German or EU inflation rates down? Why have not the increased E.C.B interest rate increases succeeded in keeping Irish inflation rates down.? Is Ireland insignificant or are German inflation rates more important? During the height of the Celtic Tiger ECB rates were low,Ireland's inflation rates were low.When rates have gone higher our inflation rates seem to have increased.An explanation please.